Author Archive

Corporations/Partnerships Account for 17 Percent of Recent Land Purchases

Corporations/partnerships accounted for approximately 17 percent of land purchases in the past 12 months ending June 2014, according to information gathered from a NAR-REALTORS® Land Institute Survey, conducted in July 2014. About two-thirds of land purchases by corporations/partnerships were...

Unemployment Insurance Claims Average 302,000 in August 2014

Two pieces of job-related data released today for the month of August indicate that the job market continues to improve solidly: the normal level of unemployment insurance claims and solid creation in payroll jobs. First, initial claims for unemployment...

REALTORS® Expect Modest Price Growth in Next 12 Months

REALTORS® expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.4 percent [1]. The expected price change is modest compared to the strong price growth in 2012-2013. Local conditions vary,...

68% of REALTORS® Continue to Report Rising Prices

Home prices are still broadly rising. Approximately 68 percent percent of REALTOR® respondents reported that the price of their “average home transaction” is higher today compared to a year ago (same as in May), according to data from the...

Unemployment Insurance Claims

Initial claims for unemployment insurance filed under the regular state programs during the week ended August 9 rose to 311,000, an increase of 21,000 from the previous week’s level. The trend has generally been downward so the spike may...